July 8 (Reuters) - Sundance Resources Ltd SDL.AX :
* SUNDANCE, AUSTSINO AND SUNDANCE NOTEHOLDERS HAVE AGREED TO A NEW AGREEMENT
* NEW AGREEMENT DOES NOT HAVE REINSTATEMENT OF MBALAM CONVENTION AS A CONDITION PRECEDENT
* FOLLOWING COMPLETION OF NEW AGREEMENT, $25M WILL BE USED TO CANCEL SUNDANCE'S EXISTING CONVERTIBLE NOTES ON ISSUE
* SUNDANCE AND AUSTSINO INTEND TO CONTINUE TO EXPLORE POTENTIAL REINSTATEMENT OF MBALAM CONVENTION